Replies to post #25875 on Progressive Care Inc (RXMD)

[StockMedic1]

RXMD and RXSF - possibilities? I'm in both and was thinking about it. Bricks and mortar meets healthcare security tech? Uplist?

[Deagle]

One thing I have learned, you need a line in the sand. If I can't make money with $1,000, then I surely can't with $30,000, so the money is not my problem if not making it. I have learned to concentrate on one stock first and no others. One needs cash to "average down" fast if made wrong entry position. This allows you to get out of trouble instead of staying "all in" all of the time. Then you see opportunities you miss, because , when they dip, you cannot buy any shares cheaper and then have dead money for a long while waiting, or sell at a loss. Gotta hold clear cash in reserve in trading acct to get out of mistakes before they become losses or investments
Good luck, but this is what I have learned

[akbenhossen]

I feel you man! I got stuck in a stock that got halted (not kbio), then another one just tanked after anouncement of reverese split. You just have to do what you have to do and not listen to everyone. Most of the time you cannot hold penny stocks. Just get in and get out! I know people don't want to hear that, but I have burned way too many time staying in a stock for "investment"! I am in this because my average sucks! I do like the company and I am hoping we will come through, but OTC do not have a great track record. Is this the "diamond on the rough"? Could be, but I was told that with all the others!